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Tether CTO Aims Dig At DCG For Doubting USDT’s Resilience
12.3.2024
As the crypto industry faced turmoil, Digital Currency Group (DCG) attempted to short Tether (USDT) amidst stability concerns. Tether's CTO, Paolo Ardoino, calls out the move as DCG now faces a lawsuit. The incident highlights the stark contrast between Tether's resilience and DCG's struggles.
The...
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets
26.9.2023
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch...
Bitfinex and Tether CTO Faces Deposition in Market Manipulation Case – Here's the Latest
12.9.2023
Paolo Ardoino – the outspoken CTO of Tether and Bitfinex – is set to testify this week as part of a years-long class action lawsuit against both exchanges after the executive's attempt to delay deposition was rejected by the court.
On Friday, legal counsel for the stablecoin issuer and crypto...
Tether CTO stays silent on Bitcoin mining locations
27.8.2023
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
17.8.2023
Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says
AI would pick Bitcoin over centralized crypto - Tether CTO
5.7.2023
Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins
‘If You’re Selling BTC for Something, Sell it for Gold Instead of USD’, Says Tether CTO Paolo Ardoino
15.6.2023
In an insightful conversation with Cryptonews, Paolo Ardoino, the CTO of both Tether and Bitfinex, shed light on crucial topics relating to the crypto world.
The dialogue navigated the volatile waters of inflation, the allure of gold as a tangible asset, and the growing fascination with digital...
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
15.6.2023
The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool
Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps
12.6.2023
This was Tether’s second $1 billion mint in two months, bringing the total USDT minted by the stablecoin issuer in 2023 to over $16 billion
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
9.6.2023
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC
Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
22.3.2023
Paolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth
Tether CTO Paolo Ardoino on taking the bull by the horn
2.2.2023
Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides
Tether CTO denies borrowing from bankrupt lender Celsius
1.2.2023
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated
Tether CTO confirms no plans to rescue FTX
11.11.2022
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...
Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves
3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
2.9.2022
The Bitcoin bond was announced in November last year and was initially expected to launch in the first quarter of 2022
Tether CTO refutes stablecoin FUD as short-sellers circle
28.6.2022
Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
20.5.2022
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino
USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
12.5.2022
LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges